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Welcome to Varied Expressions of Worship

Welcome to Varied Expressions of Worship

This blog will be written from an orthodox Christian point of view. There may be some topic that is out of bounds, but at present I don't know what it will be. Politics is a part of life. Theology and philosophy are disciplines that we all participate in even if we don't think so. The Bible has a lot to say about economics. How about self defense? Is war ethical? Think of all the things that someone tells you we should not touch and let's give it a try. Everything that is a part of life should be an expression of worship.

Keep it courteous and be kind to those less blessed than you, but by all means don't worry about agreeing. We learn more when we get backed into a corner.

Wednesday, December 30, 2015

Opus 2015-481: Why Is College So Expensive?

Have you wondered why it is so expensive to go to college?  Take a look at these numbers for private schools:

    Median compensation of chief executives, $436,429 a year
    Number of presidents who make over $1,000,000, 32
    Highest at Columbia University, $4,600,000

Private schools have a right to pay what they want but you might be interested in these numbers next time they hit you up for a donation.

How about public colleges?

    Median compensation of presidents, $428,000
    Highest at Penn State, $1,400,000

Doesn’t it warm your heart to know that your taxes are being used so well.  Think about it next time they want to pass a bond issue for education.

This comes from the Washington Times, National Weekly for December 14, 2015 on page 8.  The Times is quoting something called the Chronicle of Higher Education.

homo unius libri

2 comments:

  1. Two main reasons for the high cost of American college education:

    * The student loan policy, which has driven the rise of tuitions. Schools know that students will be able to "afford" any amount through loans.

    * The entrance of "corporate rule" to American educational institutions due in large part to the above item.

    Talk to young people, their parents, college teachers and professors without tenure. They'll tell you the true story. The money's all going to the top and destroying the middle class aspirations of an entire generation.

    At least that's how I see it.

    ReplyDelete
    Replies
    1. Spot on. Thomas Sowell goes into this in great depth in one of his books. I noticed it when my son was in college. We had a $5,000 tax credit for tuition and they raised the tuition the same amount the next year.

      Grace and peace

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Comments are welcome. Feel free to agree or disagree but keep it clean, courteous and short. I heard some shorthand on a podcast: TLDR, Too long, didn't read.